Gulf Countries Become World’s Largest Source of Outward Worker Remittances GCC countries recorded approximately $161 billion in outward worker remittances during 2025, the highest total recorded globally. The figure represents a 13.6% increase from 2024, with remittances accounting for approximately 6.6% of combined GCC GDP. The increase reflects continued demand for expatriate workers as GCC […]
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Saudi Arabia and Other Major Producers Hold Policy Steady OPEC+ has agreed to keep its November oil production targets unchanged, following a meeting of the group’s seven core members: Saudi Arabia, Russia, Iraq, Kuwait, Algeria, Kazakhstan and Oman. The decision comes as global oil markets remain tight because Middle East export disruptions continue to affect
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Emirate Strengthens Position as an Investment Destination Sharjah recorded a 45% increase in foreign direct investment projects in 2025, according to the CEO of the Sharjah FDI Office, as the emirate continues to attract international businesses and investors. The growth comes ahead of the Sharjah Investment Forum 2026, scheduled for October 14–15, which will bring
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Abu Dhabi Positions AI as a Major Financial Growth Opportunity The UAE is stepping up investment in artificial intelligence for financial services, with Abu Dhabi preparing to host AI Everything Abu Dhabi 2026 from October 6–7. The UAE Ministry of Investment will join global investors, financial institutions and fintech companies to explore AI’s role in
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Digital Commerce Infrastructure to Grow by More Than 91,000 Sqm Dubai CommerCity is preparing a major AED 1.8 billion expansion, adding more than 91,000 square metres of new space across its Business, Logistics and Social clusters. The expansion will be delivered in two phases, with the first scheduled for Q1 2027 and the second targeted
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2,000 Additional Seats Added for Weekend Travel Etihad Rail has added six additional passenger services between Abu Dhabi and Dubai this weekend after exceptionally strong early demand. More than 2,000 additional seats were made available — over 1,000 on Saturday and another 1,000 on Sunday, October 4. The additional services highlight strong initial passenger interest
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Saudi Arabia and UAE Use Alternative Export Routes Despite continued disruption around the Strait of Hormuz, Gulf crude shipments have reportedly returned to approximately pre-war levels. Kpler data shows that around 16.5 million barrels per day of crude left the Gulf region, excluding Iran, between September 1 and 28 — matching the pre-war average. A
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New Route Opens Access to Saudi Arabia’s Luxury Tourism Coast Etihad Airways begins its new Abu Dhabi–Red Sea International Airport service today, October 4, creating a new direct air connection between the UAE capital and Saudi Arabia’s rapidly expanding Red Sea tourism destination. The route initially operates once a week, with frequency scheduled to increase
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Tech Mahindra Highlights Rapid Growth in Saudi Enterprise AI Technology services company Tech Mahindra says demand for enterprise AI in Saudi Arabia is increasingly moving beyond experimentation toward projects that deliver measurable improvements in productivity, revenue and cost efficiency. The company’s India, Middle East and Africa leadership highlighted growing demand across cloud, data, AI, enterprise
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FAO, Investors and Agritech Leaders to Gather in Abu Dhabi Abu Dhabi is preparing to host Global Food Week 2026 from October 6–8, bringing together international organisations, governments, investors, researchers and private-sector companies. The event at ADNEC Centre Abu Dhabi will focus on food security, agrifood technology, agricultural innovation, animal health and investment. Representatives from
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